%0 Journal Article %T Subsidization of local budget as a determinants of innovative development company %A Ibragimova, N.. %K budget, grants, innovation development, investments, intergovernmental relations, fiscal policy %J Actual directions of scientific researches of the XXI century: theory and practice %D 2014 %N 2 %P 3 %I FSBE Institution of Higher Education Voronezh State University of Forestry and Technologies named after G.F. Morozov